One of its first initiatives will be to support high-quality professional content and production teams Chinese search giant Baidu announced today that its online video unit Baidu Video is going to run its business independently. Hu Hao, former manager of Baidu’s video business department, has been appointed as CEO of the new subsidiary. Along with...
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The post Baidu’s online video arm receives US$155M investment upon spinoff appeared first on e27.
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